Dairy podcast: Mark and Bob scratching their heads about markets

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Mark Stephenson, Director of Dairy Policy Analysis at the University of Wisconsin-Madison, and Bob Cropp, dairy economics professor emeritus, are scratching their heads over dairy markets since the release of USDA’s Milk Production report.
Among the reasons they cite for higher prices: stocks look a little tight, and domestic sales have been strong. They warn, however, that the divergent global and domestic markets can't continue going in opposite directions.

View more of their monthly podcasts: http://dairy.wisc.edu/PubPod/Podcast/Outlook/Index.html

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OH  |  August, 25, 2014 at 04:58 PM

No mention of record low average temps east of the Rockies as a reason for higher production? Something that won't continue? Prices will end up much HIGHER than current futures instead of the lower prediction in this video.

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